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Create a cash flow statement to find the following: Cash beginning of the year Operating Activity Net Income Plus: Depreciation Change in Current Assets Accounts Receivable (inc) inventors (dec.) Change in Current Liabilities Accounts Payable (inc.) Salary Payable (inc.) Net Cash from Operations Investment Activity Change in Fixed Assets (inc.) Net Cash fror Financing Activity Change in Notes Payable Change in Long Term Debt (dec.) Change in Common Stock (inc.) Dividends Paid (yes) Net Cash from Financing Net Increase or Decrease in Cash Cash End of Year Operating Cash Flow

Create a cash flow statement to find the following: Cash beginning of the year Operating Activity Net Income Plus: Depreciation Change in Current Assets Accounts Receivable (inc) inventors (dec.) Change in Current Liabilities Accounts Payable (inc.) Salary Payable (inc.) Net Cash from Operations Investment Activity Change in Fixed Assets (inc.) Net Cash fror Financing Activity Change in Notes Payable Change in Long Term Debt (dec.) Change in Common Stock (inc.) Dividends Paid (yes) Net Cash from Financing Net Increase or Decrease in Cash Cash End of Year Operating Cash Flow

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Create a cash flow statement to find the following:

Cash beginning of the year

Operating Activity

Net Income

Plus: Depreciation

Change in Current Assets

Accounts Receivable (inc)

inventors

(dec.)

Change in Current Liabilities

Accounts Payable (inc.)

Salary Payable (inc.)

Net Cash from Operations

Investment Activity

Change in Fixed Assets (inc.)

Net Cash fror

Financing Activity

Change in Notes Payable

Change in Long Term Debt (dec.)

Change in Common Stock (inc.)

Dividends Paid

(yes)

Net Cash from Financing

Net Increase or Decrease in Cash

Cash End of Year

Operating Cash Flow

Free Cash Flow

Cash Accounts Receivable Inventory Current Assets Fixed Assets Gross Accumulated Deprecation. Net Fixed Assets Total Assets Assets 12/31/20 2,000 4,832 3,217 10,049 35,183 -22,640 12,543 22,592 Cortland, Inc. Balance Sheet 12/31/21 4,800 6,614 2,843 14,257 39,456 -24,852 14,604 28,861 Accounts Payable Salary Payable Current Liabilities. Long Term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities and Equity Liabilities Equity 12/31/20 1,600 315 1,915 1,823 3,738 10,000 8,854 18,854 22,592 12/31/21 3,573 1.228 4,801 409 5,210 13,500 10,151 23,651 28,861
Transcribed Image Text:Cash Accounts Receivable Inventory Current Assets Fixed Assets Gross Accumulated Deprecation. Net Fixed Assets Total Assets Assets 12/31/20 2,000 4,832 3,217 10,049 35,183 -22,640 12,543 22,592 Cortland, Inc. Balance Sheet 12/31/21 4,800 6,614 2,843 14,257 39,456 -24,852 14,604 28,861 Accounts Payable Salary Payable Current Liabilities. Long Term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities and Equity Liabilities Equity 12/31/20 1,600 315 1,915 1,823 3,738 10,000 8,854 18,854 22,592 12/31/21 3,573 1.228 4,801 409 5,210 13,500 10,151 23,651 28,861
Cortland, Inc. Income Statement For Year Ended 12/31/21 Sales Cost of Goods Deprecation Operating Expenses EBIT Interest EBT Tax Net Income Dividends Addition to R/E 40,000 12,512 2,212 17,275 8,001 180 7,821 2,265 5,556 4,259 1,297
Transcribed Image Text:Cortland, Inc. Income Statement For Year Ended 12/31/21 Sales Cost of Goods Deprecation Operating Expenses EBIT Interest EBT Tax Net Income Dividends Addition to R/E 40,000 12,512 2,212 17,275 8,001 180 7,821 2,265 5,556 4,259 1,297
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